Reliance Jio to Offer SpaceX’s Rival Service at ‘Affordable’ Prices

  • Jio’s satellite broadband to reach remotest parts of India
  • It’ll add to Reliance Jio’s dominant telecom infrastructure
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Reliance Jio Infocomm Ltd. unveiled a satellite broadband service on Friday as Asia’s richest man Mukesh Ambani seeks to broaden internet access to the remotest corners of India, muscling into a sector where billionaires Elon Musk’s SpaceX and Sunil Mittal’s OneWeb also have ambitious plans.

India’s largest wireless operator demonstrated JioSpaceFiber on Friday at an industry conference in New Delhi and said in a statement that this will help deliver high-speed internet across the country “at highly affordable prices,” Reliance Jio said in a statement.